March 2019

March 29 2019

Fox Business: Federal housing reform is headed in the right direction: Former Fannie Mae executive

Yahoo! Finance: Ben Carson: HUD will take ‘as much time as is necessary’ on housing finance reform

American Action Forum: A Busy Week for Housing Finance Reform

Housing Wire: Housing industry responds to Trump’s calls for housing finance reform

Scotsman Guide: Trump memo calls for additional GSE-reform plans

Seeking Alpha: It’s only the start for Frannie reform, analysts say

24/7 Wall St: Why Reform Efforts for Fannie Mae and Freddie Mac May Remain Elusive

RIS Media: GSE Reform: Trump Calls for Ceasing Conservatorship, Protecting Taxpayers

Mortgage News Daily: No Surprise: Ambitious Plan to “Fix” Entire Housing Market Met With Mixed Reaction

American Banker: GSE capital rule expected this summer: FHFA’s Otting

March 28 2019

Senate Banking Committee: Chairman’s Housing Reform Outline: Part 1

Senate Banking Committee: Chairman’s Housing Reform Outline: Part 2

White House Presidential Memorandum: Memorandum on Federal Housing Finance Reform

Fox Business: Fannie and Freddie reform could get snarled in White House infighting

Politico: Trump directs agencies to develop plans to overhaul housing finance

Bloomberg: Trump Steps in Fannie-Freddie Mess With a Fix Still a Ways Off

Reuters: Trump requests reform plans for Fannie Mae, Freddie Mac

Financial Times: Trump eschews unilateral action on Fannie and Freddie

Market Watch: Kudlow, who called Fannie, Freddie profit sweep a ‘scam,’ is at center of White House housing reform plans

American Banker: Trump directs Treasury, HUD to develop GSE reform plan

Scotsman Guide: Q&A: Small lender concerns with Crapo’s GSE reform plan

Mortgage Orb: Trump Directs Treasury, HUD to Enact Housing Finance Reform

 UPI: Trump calls for end of conservatorship of Fannie Mae, Freddie Mac

Market Watch: White House keeps option of going alone on Fannie Mae, Freddie Mac privatization

Housing Wire: Trump to sign memorandum on housing finance reform

Housing Wire: Trump officially calls for end to Fannie Mae, Freddie Mac conservatorship

The Real Deal: Trump admin moves to end conservatorship of Freddie, Fannie

American Banker: Will GSE reform hurt small lenders? Senators weigh in

National Association of Realtors: NAR Pushes for Bipartisan Congressional Action as GSE Reform Conversations Intensify

DS News: Diving Deeper Into Housing Finance Reform

March 27 2019

Audio Recording: Senate Banking Committee Hearings to examine Chairman’s housing reform outline, part I.

American Banker: Fannie and Freddie are way too big

American Action Forum: GSE Reform and the Senate

Market Watch: DeMarco says Senate hearing was ‘constructive’ step toward taking Fannie Mae, Freddie Mac out of conservatorship

American Banker: 4 takeaways from Senate GSE reform hearing

DS News: Working Toward Crapo’s “More Sustainable” Housing Finance System

March 26 2019

Market Watch: Fannie-Freddie reform could rewrite a familiar Washington script

National Mortgage News: Fannie and Freddie return to Senate spotlight as Crapo seeks fix

American Banker: Will Trump administration suspend GSE housing trust funds?

Value Walk: Ackman Letter: 2019 An “Optimal” Time For Fannie Mae Reform

Mortgage Orb: Freddie Mac: Housing Market Regaining Momentum

March 25 2019

Bloomberg: Fannie and Freddie Return to Senate Spotlight as Crapo Seeks Fix

DS News: The Week Ahead: Senate Committee Talks Housing Reform

Bloomberg: The U.S. Mortgage Market Needs Better Plumbing

American Banker: Pennsylvania says big banks fixed GSE bond prices

Housing Wire: World’s biggest banks accused of price-fixing Fannie Mae, Freddie Mac bonds

Bove Briefing: We Need the Old Fannie Mae and Freddie Mac Back Now

March 22 2019

New filing in Angel vs Fannie Mae, et al.

Peter Chapman writes, “Mr. Angel has asked Judge Lamberth to reconsider his decision and allow him to file an amended complaint.” Click here to view.

FHFA, Fannie and Freddie anticipate responding to Mr. Angel’s request on Apr. 15 according to a filing delivered to the court yesterday. Click here to view.

New filing in Bhatti vs FHFA, click here to view.

Peter Chapman writes, “The Bhatti Plaintiffs sent a letter to the Fifth Circuit this morning expressing telling it the First Circuit’s decision in Aurelius v. Commonwealth doesn’t have the significance FHFA thinks it does.”

New filing in Collins vs. FHFA, click here to view.

Peter Chapman writes, “The Collins Plaintiffs sent a letter to the Fifth Circuit this morning expressing telling it the First Circuit’s decision in Aurelius v. Commonwealth doesn’t have the significance FHFA thinks it does. ”

Wall Street Journal: Freddie Mac Names Brickman to Succeed Layton as CEO

Bloomberg Law: Freddie Mac Says Brickman to Replace Layton as Top Executive

National Mortgage News: 5 questions for Freddie Mac’s next CEO

DS News: Fannie Mae Board Welcomes Two New Directors

Housing Wire: Fannie Mae names two additions to its board of directors

Bill Maloni’s GSE Blog: SBC GSE Hearings, which tough questions should/could be asked and issues explored?

March 21 2019

American Banker: Housing advocates surprisingly upbeat on FHFA nominee

March 20 2019

Forbes: Fannie And Freddie Need More Capital

American Banker: The inconvenient truth for GSE reform plans

Breitbart: Trump Budget Forecasts Fannie and Freddie Earnings Shortfall

Prospects For Fannie/Freddie Recapitalization In An Environment Of Political Risk: An Allegory

March 18 2019

New filing in Wazee vs. FHFA, click here to view.

Peter Chapman writes, “Wazee delivered its reply in support of its objection to FHFA and Treasury’s motion to dismiss to Judge Alejandro in Philadelphia this afternoon.”

American Banker: Crapo planning two days of Senate Banking hearings on GSE reform

March 14 2019

American Banker BankThink: Don’t leave community lenders behind on GSE reform

Credit Union Journal: Housing finance reform bill coming by 2020: Crapo

Seeking Alpha: FHFA Director Change May Stop Fannie/Freddie Sweep Soon

March 13 2019

CUNA: Sen. Crapo says housing finance, data, CFPB reforms are priorities

American Action Forum: Multifamily Housing and the GSEs

March 12 2019

Bloomberg: Gov’t Has Made a Lot of Money From Fannie and Freddie, Jim Millstein Says (Video)

American Banker: Conference call: What is the future of housing finance?

Builder Magazine: NAHB Aims to Tackle Top Housing Concerns in the Coming Year

Bill Maloni’s GSE Blog: Wonderful Letter, signed by a strong set of interests, but….

March 11 2019

Wall Street Journal: Private Investors Encroach on Fannie and Freddie’s Domain

Value Walk: Fannie Mae and Freddie Mac preferred shares: “a solid investment” – Bove

American Banker: FHFA chief-to-be’s top priority: More capital for Fannie, Freddie

RIS Media: A Vision for Housing Finance Reform

ETF Trends: Fannie and Freddie Bet Paying Off

Bove Briefing: Fannie Mae/Freddie Mac Waiting for Court Decision

March 8 2019

Wall Street Journal: Wall Street Votes to Support Single Bond for Fannie, Freddie

UPI: Fannie Mae, Freddie Mac pose risk to taxpayers, GAO warns

March 7 2019

New filing in Angel vs. Fannie Mae, et al., click here to view.

Peter Chapman writes, “Judge Lamberth says that Virginia’s five-year statute of limitation and Delaware’s three-year statute of limitation apply to Mr. Angel’s breach of contract and breach of implied covenant claims, so his lawsuit was filed too late.”

Housing Wire: Housing industry to FHFA: Go slow on GSE reform

March 6 2019

American Enterprise Institute: More of the Same from 28 Members of the Housing Lobby as They Opine on How the GSEs Help “Preserve Access and Affordability”

Housing Finance: Pop Quiz With David Dworkin

March 5 2019

RESPA News: NAR to FHFA: Make GSE reform a priority

March 4 2019

New filing in Fairholme v U.S., click here to view.

Peter Chapman writes, “The government delivered the cross-referencing document Chief Judge Sweeney requested”

New filing in Bhatti vs. FHFA, click here to view.

Peter Chapman writes, “FHFA has alerted the Eighth Circuit to a recent decision by the U.S. Court of Appeals for the First Circuit in Aurelius v. Commonwealth finding that the restructuring work done by unconstitutionally appointed board members was not invalid and would not be vacated.”

New filing in Collins vs. FHFA, click here to view.

Peter Chapman writes, “FHFA has alerted the Fifth Circuit to the recent decision by the U.S. Court of Appeals for the First Circuit in Aurelius v. Commonwealth finding that the restructuring work done by unconstitutionally appointed board members was not invalid and would not be vacated.”

American Banker: Housing groups urge FHFA’s Otting to be cautious on GSE reform

Law 360: Go Slow And Steady On GSE Reform, Groups Tell FHFA Head

 Market Watch: At CPAC, talk of ‘phasing out’ Fannie Mae and Freddie Mac

Scotsman Guide: Untangling the GSE Mess

Novogradac: New Head of FHFA Could Mean GSE Reform in 2019

Bill Maloni’s GSE Blog: GSE Cats and Dogs

March 1 2019

American Banker: GSE reform proposals have small lenders on edge

Housing Wire: The way to reduce taxpayer risk in the mortgage market

Mortgage Media: Michael Bright: Looking Under the Hood at Ginnie Mae, GSE Reform and Securitization

Chicago Agent Magazine: What’s ahead for FHFA nominee Mark Calabria?